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NEC Corp (6701.T)

6701.T on Tokyo Stock Exchange

4,365JPY
19 Jul 2019
Change (% chg)

¥75 (+1.75%)
Prev Close
¥4,290
Open
¥4,285
Day's High
¥4,380
Day's Low
¥4,270
Volume
897,300
Avg. Vol
1,148,080
52-wk High
¥4,480
52-wk Low
¥2,918

Latest Key Developments (Source: Significant Developments)

Rakuten To Partner With NEC To Install Roughly 16,000 Low-Cost 5G Base Stations Across Japan Over 5 Years - Nikkei
Tuesday, 4 Jun 2019 

June 4 (Reuters) - Nikkei::RAKUTEN TO PARTNER WITH NEC TO INSTALL ROUGHLY 16,000 LOW-COST 5G BASE STATIONS ACROSS JAPAN OVER 5 YEARS - NIKKEI.  Full Article

NEC Networks & System Integration to set up CVC fund
Friday, 12 Jan 2018 

Jan 12 (Reuters) - NEC Networks & System Integration Corp <1973.T>:Says it will set up a corporate venture capital(CVC) fund, with working capital of 500 million yen, to invest IoT and AI related venture business.Says the fund will start operation from February .  Full Article

NEC Acquires UK-Based IT Services Company Northgate Public Services
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - NEC Corp <6701.T>::NEC ACQUIRES UK-BASED IT SERVICES COMPANY NORTHGATE PUBLIC SERVICES.NEC CORP - ANNOUNCED ACQUISITION OF UK-BASED IT SERVICES COMPANY NORTHGATE PUBLIC SERVICES LTD; NEC IS BUYING NPS FOR GBP 475 MILLION FROM CINVEN​.  Full Article

NEC plans to sell unit NEC Energy Devices
Monday, 4 Dec 2017 

Dec 4 (Reuters) - NEC Corp <6701.T>:Says it plans to sell all shares of unit NEC Energy Devices, Ltd.,to GSR Capital, a private investment fund, with undisclosed price, effective March 30, 2018 .  Full Article

NEC and Hortonworks expand partnership to deliver a big data processing platform
Monday, 25 Sep 2017 

Sept 25 (Reuters) - Hortonworks Inc - :Hortonworks Inc announced expansion of strategic partnership with NEC to deliver a big data processing platform.Hortonworks Inc - Companies are combining NEC's data platform for Hadoop with Hortonworks data platform.  Full Article

NEC Corp's sales in April-September half expected to rise about 10 pct - Nikkei
Wednesday, 20 Sep 2017 

Sept 20 (Reuters) - Nikkei::NEC Corp expected to see its group operating profit remain roughly unchanged on the year at about 4 billion yen in April-September half - Nikkei‍​.NEC Corp is believed to be on track to post an increase in both sales and profit over the full year‍​ - Nikkei.NEC Corp's sales in the April-September half are expected to rise about 10 percent to 1.3 trillion yen or so - Nikkei.  Full Article

Nissan Motor says business transfer and to sell unit
Tuesday, 8 Aug 2017 

Aug 8(Reuters) - Nissan Motor Co Ltd <7201.T>:Says the company will acquire 49 percent stake in Automotive Energy Supply Corporation (AESC) from NEC Corp <<<6701.T>>> and NEC Energy Devices Ltd, on the last day of December, and AESC will be a wholly owned unit of the company after the transaction .Says after the share acquisition, it will transfer pouch type lithium-ion battery business concerned product development, technology development and production technology related business to AESC and AESC will transfer battery pack (for EV use) production business to the company, effective Dec. 31.Says it will sell 100 percent voting power in AESC to GSR Electric Vehicle (UK) Holding Limited, price undisclosed, effective Dec. 31 .  Full Article

NEC Corp in final talks to sell battery electrode subsidiary - Nikkei‍​
Wednesday, 2 Aug 2017 

Aug 2 (Reuters) - Nikkei::NEC Corp is in final talks to sell its battery electrode subsidiary to chinese investment group GSR - Nikkei‍​.NEC Corp has apparently offered to sell NEC Energy devices for about 15 billion yen - Nikkei‍​.  Full Article

Chile to study trans-Pacific cable to connect South America with Asia

SANTIAGO Chile on Friday took a step toward building the first fiber-optic cable to directly connect South America and Asia, a project that has piqued the interest of China's Huawei [HWT.UL] and Japan's NEC .